Avenue Supermarts Ltd (DMART)

Avenue Supermarts Stock Trades Up by 1.19% - 24 Jul, 2024

Avenue Supermarts Ltd. stock trades 1.19% up at Rs 5127.0, with a bullish bias on the counter as per MACD. The company reported consolidated sales of Rs 14110.74 crore for Q1 FY25.

DMart Technical Analysis Suggests Buying Opportunity; Avenue Supermarts Reports Strong Sales Growth - 22 Jul, 2024

DMart's technical analysis indicates a buying opportunity with a target price of Rs 5,350-5,400. Meanwhile, Avenue Supermarts reported strong sales growth of 10.55% QoQ and 18.54% YoY in Q1 FY25.

Avenue Supermarts Q1FY25 Operating Margins Remain Flat - 18 Jul, 2024

Avenue Supermarts, one of India's most profitable retailers, reported flat operating margins (8.7%) YoY in Q1FY25 due to rising operating costs from new and bigger stores. Employee expenditure and other expenses increased by 29.2% and 25.8%, respectively. Consolidated revenue grew 18.6% YoY to Rs 14,069 crore.

DMart Shares Rise on Better-Than-Expected Q1FY25 Performance - 17 Jul, 2024

Shares of Avenue Supermarts (DMart) have gained about 5% over the past week due to better-than-expected Q1FY25 performance, hopes of a recovery in discretionary demand, and margin gains going ahead. The company posted a 34 basis points YoY improvement in gross margins to 14.9%, led by higher contributions from the more profitable general merchandise and apparel category.

Avenue Supermarts Reports Steady Revenue Growth - 16 Jul, 2024

Antique Stock Broking reports that Avenue Supermarts has maintained a steady five-year compounded growth in revenues at 18.9%. Recovery in general merchandise & apparels for the second consecutive quarter, but sales of superior margin general merchandise & apparels need to be stronger to support expensive valuations.

Avenue Supermarts Stock Rises on Positive Q1 Results - 15 Jul, 2024

Avenue Supermarts' DMart stock rose after reporting a consolidated net profit of Rs 773.8 crore for Q1FY25, an increase of 17.5% YoY. Revenue from operations soared nearly 19% YoY to Rs 14,069.1 crore. Multiple brokerages anticipate the stock to rally up to 15% over the next 12 months.

Avenue Supermarts Reports Strong Q1 Earnings - 14 Jul, 2024

Avenue Supermarts (DMart) reported strong Q1 2025 earnings with a 19% YoY increase in revenue and an 18% YoY increase in net income. However, the profit margin decreased to 5.5%. The company's shares are up 1.9% from a week ago.

Avenue Supermarts Reports Strong Q1 Results - 13 Jul, 2024

Avenue Supermarts, the operator of retail chain DMart, reported a 17.5% YoY increase in net profit and an 18.6% YoY growth in revenue for Q1 FY25. The company added six new stores during the quarter, taking its total count to 371 as of June 30, 2024.

Avenue Supermarts Expected to Post Strong Q1 Results - 12 Jul, 2024

Avenue Supermarts, which owns DMart stores, is expected to report strong Q1 results with healthy revenue growth driven by store expansion and single-digit SSSG. Shares traded higher on Friday, and analysts predict a 19% YoY rise in net profit for Q1FY25.

Mixed Ratings for Avenue Supermarts Ltd. - 03 Jul, 2024

Brokerages Citi and Morgan Stanley have differing opinions on Avenue Supermarts' stock, with Motilal Oswal maintaining a neutral stance. The company reported an 18.36% increase in standalone revenue for the June quarter, but its Q1 growth was below expectations. Consolidated total income for Q4 FY24 was Rs 12764.42 Crore, down -6.18% from last quarter's total income.

Avenue Supermarts Reports Strong Q1 Revenue Growth - 02 Jul, 2024

Avenue Supermarts, the operator of D-Mart chain of supermarkets, reported an 18% YoY increase in standalone revenue from operations for Q1 fiscal year 2024-25 to Rs 13,711.87 crore.

Morgan Stanley Issues Overweight Call on Avenue Supermarts - 28 Jun, 2024

Morgan Stanley has issued an overweight call on Avenue Supermarts with a target price of Rs 5,123 per share. Despite intense competition in the online grocery sector, DMart's operating performance registered strong growth in FY24 due to increased volumes and new store additions. Consolidated profitability is expected to remain stable, backed by faster breakeven of stores, superior per-store revenue compared with peers, high inventory turnover, and maintenance of gross margin at around 15%.

Avenue Supermarts Ltd Shares Trade Down 1.58% - 26 Jun, 2024

Shares of Avenue Supermarts Ltd traded down by 1.58% at Rs 4707.45, while the company reported a consolidated sales decline of 6.18% for Q4 FY24. The MACD signalled a bearish bias on the counter.